Iconic Minerals (Iconic Minerals) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 29, 2024)

Competitive Comparison of Iconic Minerals's 5-Year Yield-on-Cost %

For the Gold subindustry, Iconic Minerals's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iconic Minerals's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Iconic Minerals's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Iconic Minerals's 5-Year Yield-on-Cost % falls into.

Iconic Minerals 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Iconic Minerals is calculated as

Iconic Minerals  (OTCPK:ICMFF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Iconic Minerals 5-Year Yield-on-Cost % Related Terms

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Iconic Minerals (Iconic Minerals) Business Description